1. Yesterday the ORGANIZER after opening at $10,451 then be pushed onto the $10,915 and from this position quickly and drastically reduced the ORGANIZERS down as low as $9740 and closing the session at $9826.
2. With extremely large trading volume and price reduction. As such, it is very possible the BTC today continued to sink in the red colors.
3. The ORGANIZER has reduced to 2 days and if the ORGANIZERS today continue to reduce the creation of 3 candles with weak trading volume reduction and after touching the bollinger bands between D1 at $9236 and can touch a little lower at $9000, and then close the session on $9236 then on Saturday and Sunday can rise again to the session of the week on $10,555 to continue the rising trend. Flush out bad cases will be analyzed next. As such, the best buy is: 9000 $-$9250.
4. Today the BTC could continue falling and then draw the legs to create 1 or call Pinbar with the Hammer candle long legs to match the logic was analyzed.
5. Technical indicators on the chart with Daily still favor the increased momentum of BTC. If the BTC touches around $9000 then increase again will fit between the frame of the H4, D1 and W1. The case down always high probability but not impossible.
* Conclusion: the trend on the Daily chart still supported the uptrend. Looking forward to that, today the ORGANIZER will adjust the last day and then increased to fit the candle and match the technical indicators on the Daily.
II. ANALYSIS of the H4 CHART (4 HOURS)
1. On this time frame we still see the Summit-the Summit higher and the bottom has appeared after the BTC $10,122 lagoon. Usually with a Zigzag then wave BTC 161.8% doesn't go too at $9119.
2. Technical indicators supported the downward trend which has the MACD and ADX.
3. Has the sale too Stoch.
4. Cash flows of the MFI also $13.57 fall into the region too. As such, the flow of money has dried up so the BTC will rapidly increase in the shortest time. This week, the ORGANIZERS expect will rise again.
5. The ORGANIZER ran uptrend channel. So, the need is this tune waves about the 9000 $-$9250.
• Conclusion: the H4 trend is in the stage of correction to continue rising in the coming time.
III. LEVEL OF SUPPORT AND RESISTANCE
1. Level of support
-Important support level: $8200-$9000-$9100-9250.
2. Resistance levels
-Important resistance level: $10,122-$10,500-$11,400.
IV. CONCLUSION
1. This week an entire Candle, if no close on $10,555 that generates 1 candles steady then the BTC will continue to follow the logic of green candles and Red candles 2 1 the technical indicator will no longer support surging momentum of BTC.
2. On the chart with Daily trend is increased when the BTC technical indicators support the rising momentum of the BTC.
3. On the H4 chart we see MFI and Stoch have on the upcoming sale so too will appear waves rise again. If this does not increase the waves strong enough then the risks will be very high covering up the whole market.
V. STRATEGIES
1. Up in the Soup: 9000 $-$9250.
2. Throttle down the ship will updated after or jump ship according to the levels of support and resistance are available.
3. Can the BTC Board to Hold.
Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!
No comments:
Post a Comment